Complex puts park back in business
Plans for a 1.3 million-sq.-ft. office complex in Fairfield, Conn., have been unveiled by Stamford, Conn.-based developer Blackrock Realty and New York City-based architect Perkins Eastman Architects. Expected to reduce the town's current commuter parking problems, the $250 million development will include a train station and parking for 1,200 cars. The centerpiece of the development is a vacant, 450,000-sq.-ft. factory that will be converted into retail space and the new Metro-North train station. The state Department of Transportation and the town of Fairfield will fund $28 million for land acquisition and roadway improvements in connection with the train station, including a new access road and a bridge over the tracks. Blackrock will pay for the rest, including the renovated factory, seven office buildings and the parking spaces.